current
Homeshoring and Manufacturing Growth
The trend of onshoring manufacturing is gaining momentum, driven by political support and a focus on boosting domestic production.
Timeframe
near-term
Detailed Analysis
Homeshoring, or onshoring, of manufacturing is gaining traction, with bipartisan support and the potential to significantly impact US economic growth. "The onshoring trend has gathered momentum and has bi-partisan support." This trend is expected to boost investment in middle America and contribute to fixed investment growth. While there are potential risks to small and mid-cap segments from factors like tariffs and immigration policies, the overall outlook for manufacturing growth remains positive.
Context Signals
Government incentives for manufacturing
Supply chain diversification efforts
Impact of trade policies on manufacturing
Edge
Potential for job creation in manufacturing sector
Increased regional economic development in middle America
Need for workforce development and training to support manufacturing growth
